Answer: a. Making authorized commitments
Explanation:
Executive Orders 12674 and 12731 (which amended 12674) of 1989 and 1990 respectively, were signed by President Bush with the purpose of setting forth the principles of ethical conduct that were required of Federal Government Officers and Employees.
These principles were meant to ensure that government officials and employees abstained from Abuse of power whilst working in such a way as not to bring disrepute to the Federal Government.
All of the above are violations of the Order except option A which is stated in Part I Section 101 (f) of Executive Order 12674. It reads that, "<em>Employees shall make no unauthorized statements</em>..." thus insinuating that employees are allowed to make Authorized statements.
Answer: E,C,D,B.
Direct financing strengthen an economy's GDP because they come without any interest cost or rate and are directly invested to increase the level of production or output of a business .
Explanation:
Direct financing occurs when money is borrowed from the financial market without using a third party or an intermediary, this is done in other to avoid indirect financing and it's high borrowing cost effect where the overall cost of the loan can be increased through interest rate.
Direct financing is when shares or securities are sold by a borrower in order to raise money and avoid interest rates that comes with using intermediaries or third party services.
Note: Those intermediaries are banks.
The values for each of the fee depends primarily on which bank are the transactions being made. However, taking for example Bank X, the overdraft fee is $35. The account transfer fee is fairly lower with values from $4.95. Monthly service fee also ranges from $10 or higher. Lastly, for ATM fee the amount only ranges from $2.00.
The answer to this item is therefore the firs choice.
The accrual accounting characteristic known as the revenue recognition principle states that revenues must be the recorded on the income statement in the period in which they are realized and earned, not necessarily in the period in which cash is received.
The earned revenue represents the money that has been spent on goods or services that have been rendered. For the revenue-generating activity to be included in the revenue for the relevant accounting period, it must be finished or almost the finished. The matching principle also mandates that revenue and related costs must be reported in the same accounting period.
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